HACKENSACK MERIDIAN HEALTH INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
HACKENSACK MERIDIAN HEALTH INC (EIN 22-3474145)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-14
IRS object ID
201933189349308348
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-14T13:41:52-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15 TIMES SQUAREAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223474145EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HACKENSACK MERIDIAN HEALTH INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% ROBERT L GLENNINGInCareOfNm
Business Name ControlHACKBusinessNameControlTxt
Phone7327513361PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O TAX DEPT 1350 CAMPUS PARKWAYAddressLine1Txt
CityNEPTUNECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07753ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT L GLENNINGPersonNm
Person TitlePRES FIN&IT SVCS/CFOPersonTitleTxt
Phone8488884405PhoneNum
Signature2019-11-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNICOLE m SOKOLOWSKIPreparerPersonNm
PTINP01683199PTIN
Phone2127733000PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address164.57.159.254IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id26308520193185000129FederalOriginalSubmissionId
Federal Original Submission Id2019-11-14FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id45D986047F6230D3E4CEDACB27853EDCA5CBC84EAtSubmissionCreationDeviceId
At Submission Filing Device Id6DFBA33F1DAEE8CAFFEB9AC40683ECF49AA6169AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN K LLOYDROBERT C GARRETTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O TAX DEPT 1350 CAMPUS PARKAddressLine1Txt
CityNEPTUNECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07753ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,837,076,003GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HACKENSACKMERIDIANHEALTH.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1997FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION IS COMMITTED TO PROVIDING THE FULL SPECTRUM OF LIFE-ENHANCING CARE AND SERVICES TO CREATE AND SUSTAIN HEALTHY, VIBRANT COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent22VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI-$1,706,788TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$30,220,962PYProgramServiceRevenueAmt
CY Program Service Revenue$35,274,002CYProgramServiceRevenueAmt
PY Investment Income$22,669,478PYInvestmentIncomeAmt
CY Investment Income$174,077,044CYInvestmentIncomeAmt
PY Other Revenue-$971PYOtherRevenueAmt
CY Other Revenue-$1,797CYOtherRevenueAmt
PY Total Revenue$52,889,469PYTotalRevenueAmt
CY Total Revenue$209,349,249CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$47,026,600PYOtherExpensesAmt
CY Other Expenses$47,131,958CYOtherExpensesAmt
PY Total Expenses$47,026,600PYTotalExpensesAmt
CY Total Expenses$47,131,958CYTotalExpensesAmt
PY Revenues Less Expenses$5,862,869PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$162,217,291CYRevenuesLessExpensesAmt
Total Assets BOY$1,737,727,283TotalAssetsBOYAmt
Total Assets EOY$2,098,362,577TotalAssetsEOYAmt
Total Liabilities BOY$1,723,927,475TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,165,444,937TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$13,799,808NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$67,082,360NetAssetsOrFundBalancesEOYAmt
MissionTHE ORGANIZATION IS COMMITTED TO PROVIDING THE FULL SPECTRUM OF LIFE-ENHANCING CARE AND SERVICES TO CREATE AND SUSTAIN HEALTHY, VIBRANT COMMUNITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$19,789,078ExpenseAmt
Grant$0GrantAmt
Revenue$18,934,969RevenueAmt
DescPROMOTE EVIDENCE-BASED MEDICINE, PATIENT ENGAGEMENT, CARE COORDINATION, AND THE DEVELOPMENT OF AN INFRASTRUCTURE FOR ACCOUNTABLE CARE ORGANIZATION PROVIDERS TO INTERNALLY REPORT ON QUALITY AND COST METRICS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$16,092,271ExpenseAmt
Grant$0GrantAmt
Revenue$13,818,542RevenueAmt
DescPROMOTE A CLINICALLY INTEGRATED NETWORK OF HEALTH CARE PROVIDERS WITH THE GOAL OF IMPROVING HEALTH OUTCOMES, REDUCING HEALTH CARE COSTS, AND ENHANCING PATIENT EXPERIENCE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$11,250,609ExpenseAmt
Grant$0GrantAmt
Revenue$2,520,491RevenueAmt
DescTHE ORGANIZATION IS THE TAX-EXEMPT PARENT ENTITY OF HACKENSACK MERIDIAN HEALTH, A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY NETWORK THAT PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, RELIGION OR ABILITY TO PAY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$47,131,958TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document221IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryBDForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member22IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROBERT L GLENNINGPersonNm
Phone8488884405PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1343 THORNALL STREETAddressLine1Txt
CityEDISONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08837ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Gordon N Litwin Esq
Co-Chairperson/Trustee3.015.0Yes (X)Yes (X)$0$0$0
Joseph Simunovich
CO-CHAIRPERSON/TRUSTEE3.018.0Yes (X)Yes (X)$0$22,464$0
Peter S Reinhart Esq
Vice Chairperson/Trustee3.03.0Yes (X)Yes (X)$0$0$0
Peter H Wegener Esq
SECRETARY/TRUSTEE3.00.0Yes (X)Yes (X)$0$0$0
Frank L Fekete CPA
TREASURER/TRUSTEE3.03.0Yes (X)Yes (X)$0$4,979$0
Keith Banks
Assistant Secretary/Trustee3.00.0Yes (X)Yes (X)$0$0$0
John K Lloyd FACHE
CO-CEO/Trustee3.057.0Yes (X)Yes (X)$0$3,530,331$948,479
Robert C Garrett FACHE
Co-CEO/Trustee3.057.0Yes (X)Yes (X)$0$4,342,198$866,298
Gregg Azcuy
TRUSTEE3.00.0Yes (X)$0$0$0
James M Bollerman
Trustee3.06.0Yes (X)$0$0$0
Stephen T Boswell PhD PE SECB
Trustee3.03.0Yes (X)$0$0$0
J Fletcher Creamer Jr
Trustee3.06.0Yes (X)$0$0$0
Frank DeCongelio
Trustee3.00.0Yes (X)$0$1,728$0
Domenic M DiPiero III
Trustee3.00.0Yes (X)$0$0$0
Thomas J Dolan
Trustee3.06.0Yes (X)$0$0$0
Kathleen T Ellis
Trustee3.00.0Yes (X)$0$0$0
Leecia R Eve
Trustee3.00.0Yes (X)$0$0$0
James J Galeota
Trustee3.03.0Yes (X)$0$0$0
Peter C Gerhard
Trustee3.03.0Yes (X)$0$0$0
Gail Gordon Esq
Trustee3.03.0Yes (X)$0$0$0
Lawrence R Inserra Jr
TRUSTEE3.03.0Yes (X)$0$0$0
Michael A Kleiman DMD
TRUSTEE3.027.0Yes (X)$0$0$0
Thomas J Kononowitz
Trustee3.09.0Yes (X)$0$0$0
John C Meditz
Trustee3.06.0Yes (X)$0$0$0
Mary Meehan PhD
Trustee3.00.0Yes (X)$0$0$0
Alfred J Schiavetti Jr
Trustee3.03.0Yes (X)$0$0$0
Theresa De Leon JD
Trustee (termed 6/2018)3.00.0Yes (X)$0$0$0
William A Kozy
Trustee (termed 6/2018)3.03.0Yes (X)$0$0$0
Joseph M Sanzari
Trustee (termed 3/2018)3.03.0Yes (X)$0$0$0
Robert L Glenning
Pres, Fin & IT Svcs Div, CFO3.052.0Yes (X)$0$2,219,202$490,200
STEVEN G LITTLESON
PRESIDENT, MHC (TERMED 1/2018)3.052.0Yes (X)$0$1,473,632$40,871
Andrew L Pecora MD
Pres, Phys. Svcs Div, CIO3.052.0$0$2,161,095$414,172Yes (X)
Catherine Ainora
EVP, Chief Integration Officer3.052.0$0$1,448,597$125,709Yes (X)
Audrey C Murphy Esq MSN RN
EVP, Chf Legal Officer, Oper3.052.0$0$1,425,284$472,379Yes (X)
Patrick Young
Pres, Population Health3.052.0$0$1,383,506$425,100Yes (X)
Nancy Corcoran-Davidoff
EVP, Chief Experience & HR Off3.052.0$0$1,317,714$497,504Yes (X)
James Blazar
EVP, Chief Strategy Officer3.052.0$0$1,257,578$156,635Yes (X)
Ann B Gavzy Esq
EVP, Chief Legal Off, T&C Svcs3.052.0$0$1,339,783$296,634Yes (X)
SHERRIE STRING
Former EVP, Chief HR Officer3.052.0$0$706,880$3,021Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$22,634,971TotReportableCompRltdOrgAmt
Total Other Compensation$4,737,002TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MPV NEW JERSEY MD SERVICES PC
250 OLD HOOK RDWESTWOODNJ07675PATIENT MGMT SVCS$295,721
PREMIER MEDICAL ALLIANCE LLC
466 OLD HOOK ROAD STE 1EMERSONNJ07630PATIENT MGMT SVCS$288,076
MERIDIAN MEDICAL GROUP-PRIMARY CARE
1200 JUMPING BROOK RDNEPTUNENJ07753PATIENT MGMT SVCS$274,535
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ACCOUNTABLE CARE ORGANIZATION REVENUE541900$32,753,511$32,753,511
OTHER HEALTHCARE RELATED REVENUE621300$2,520,491$2,520,491
FieldValueIRS element (for citing)
Total Program Service Revenue$35,274,002TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,801,745TotalRevenueColumnAmt
Unrelated Business Revenue-$1,706,788UnrelatedBusinessRevenueAmt
Exclusion$25,508,533ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$76,790RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$78,587RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$1,797RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,797TotalRevenueColumnAmt
Exclusion-$1,797ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,777,923,466SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,627,648,167SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$150,275,299SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$150,275,299TotalRevenueColumnAmt
Exclusion$150,275,299ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$209,349,249TotalRevenueColumnAmt
Related Or Exempt Func Income$35,274,002RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$1,706,788UnrelatedBusinessRevenueAmt
Exclusion$175,782,035ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$16,193,309TotalAmt
Program Services$16,193,309ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$4,806,731TotalAmt
Program Services$4,806,731ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$12,594,711TotalAmt
Program Services$12,594,711ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$118TotalAmt
Program Services$118ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$29,485TotalAmt
Program Services$29,485ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$16,081TotalAmt
Program Services$16,081ProgramServicesAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,979,424TotalAmt
Program Services$4,979,424ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$14,881TotalAmt
Program Services$14,881ProgramServicesAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$37TotalAmt
Program Services$37ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$367,449TotalAmt
Program Services$367,449ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$88,938TotalAmt
Program Services$88,938ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$131,497TotalAmt
Program Services$131,497ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CONTRACTUAL EXPENSES$5,069,765$5,069,765
SUPPLIES$2,533,144$2,533,144
MERGER EXPENSES$269,643$269,643
CORPORATE ALLOCATION$3,570$3,570

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$33,175TotalAmt
Program Services$33,175ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$47,131,958TotalAmt
Program Services$47,131,958ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,758,393BOYAmt
EOY$946EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$17,250,467BOYAmt
EOY$34,118,582EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$7,119,022EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$37,895BOYAmt
EOY$15,877EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,137,571LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,991,289LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$183,501BOYAmt
EOY$146,282EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,684,288,000BOYAmt
EOY$1,885,428,098EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$32,972,554BOYAmt
EOY$69,356,466EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$565,236EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$21,981,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,236,473BOYAmt
EOY$79,631,068EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,737,727,283BOYAmt
EOY$2,098,362,577EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$9,888,866BOYAmt
EOY$23,040,117EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,414,329BOYAmt
EOY$1,622,388EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,362,930,775BOYAmt
EOY$1,302,694,910EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$645,000BOYAmt
EOY$645,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$347,048,505BOYAmt
EOY$837,442,522EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,723,927,475BOYAmt
EOY$2,165,444,937EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,799,808BOYAmt
EOY-$67,082,360EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,799,808BOYAmt
EOY-$67,082,360EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,737,727,283BOYAmt
EOY$2,098,362,577EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$162,217,291ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$277,692,500NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$34,593,041OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
Supported Organizations21SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (21 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
HMH HOSPITALS CORPORATION
2214875763Yes (true)$0$0
HMH PHYSICIAN SERVICES INC
06175523510Yes (true)$0$0
HMH RESIDENTIAL CARE INC
22273144010Yes (true)$0$0
HEALTH INNOVATIONS UNLIMITED INC
22258143010Yes (true)$0$0
JERSEY SHORE UNIVERSITY MEDICAL CENTER FOUNDATION INC
2223424527Yes (true)$0$0
OCEAN MEDICAL CENTER FOUNDATION INC
2223613117Yes (true)$0$0
RIVERVIEW MEDICAL CENTER FOUNDATION INC
2223335247Yes (true)$0$0
MERIDIAN HEALTH FOUNDATION INC
3001078257Yes (true)$0$0
SOUTHERN OCEAN MEDICAL CENTER FOUNDATION INC
2226660997Yes (true)$0$0
BAYSHORE MEDICAL CENTER FOUNDATION INC
2223671097Yes (true)$0$0
HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATION INC
2223395347Yes (true)$0$0
PALISADES MEDICAL CENTER FOUNDATION INC
2236931697Yes (true)$0$0
RARITAN BAY HEALTHCARE FOUNDATION INC
2226566657Yes (true)$0$0
HACKENSACK MERIDIAN AMBULATORY VENTURES INC
46122770610Yes (true)$0$0
BERGEN HEALTH MANAGEMENT SYSTEM INC
2229897312Yes (true)$0$0
THE COMMUNITY HOSPITAL GROUP INC
2260191013Yes (true)$0$0
HARTWYCK AT OAK TREE INC
22266602310Yes (true)$0$0
HARTWYCK WEST NURSING HOME INC
22180201710Yes (true)$0$0
JFK ASSISTED LIVING INC
22371532410Yes (true)$0$0
MUHLENBERG REGIONAL MEDICAL CENTER INC
22148725810Yes (true)$0$0
ROBERT WOOD JOHNSON JR LIFESTYLE INSTITUTE INC
22242143310Yes (true)$0$0
FieldValueIRS element (for citing)
Supported Organizations Total21SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgYes (true)OrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided DocumentsYes (true)TimelyProvidedDocumentsInd
Officers Close RelationshipYes (true)OfficersCloseRelationshipInd
Supported Org Voice InvestmentYes (true)SupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Parent Supported OrgYes (X)ParentSupportedOrgInd
Appoint Elect Majority OfficerYes (true)AppointElectMajorityOfficerInd
Exercise Direction PoliciesYes (true)ExerciseDirectionPoliciesInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE A, PART I, QUESTION 12GIN ADDITION TO THE FINANCIAL SUPPORT DESCRIBED IN ATTACHMENT 1, HACKENSACK MERIDIAN HEALTH, INC. PROVIDES CENTRALIZED SERVICES SUCH AS: STRATEGIC PLANNING, BOARD GOVERNANCE, FINANCE AND COMPLIANCE AND AUDIT TO EACH OF ITS SUPPORTED ORGANIZATIONS.
SCHEDULE A, PART IV, SECTION D; QUESTION 3By virtue of the relationship outlined in Part IV, Section D, Question #2, the supported organizations have a significant voice in this organization's investment policies and in directing the use of this organization's income or assets since they are all affiliates within Hackensack Meridian Health; a tax-exempt integrated healthcare delivery network. Hackensack Meridian Health, Inc. is the tax-exempt parent entity of Hackensack Meridian Health and, in this role, coordinates, oversees and supports the charitable activities of Hackensack Meridian Health. All organizations, in keeping with the charitable mission of Hackensack Meridian Health and in furthering the continuum of care, work together to provide medically necessary healthcare services to all individuals in a nondiscriminatory manner regardless of race, color, creed, sex, national origin or ability to pay.
SCHEDULE A, PART IV, SECTION E, QUESTIONS 3A & 3BIN ACCORDANCE WITH ITS GOVERNING DOCUMENTS AND STATED MISSION AND CHARITABLE PURPOSES, HACKENSACK MERIDIAN HEALTH, INC. HAS THE POWER TO REGULARLY APPOINT OR ELECT THE OFFICERS, DIRECTORS, OR TRUSTEES OF EACH OF ITS SUPPORTED ORGANIZATIONS. HACKENSACK MERIDIAN HEALTH, INC. HAS ALSO EXERCISED A SUBSTANTIAL DEGREE OF DIRECTION OVER THE POLICIES, PROGRAMS AND ACTIVITIES OF EACH OF ITS SUPPORTED ORGANIZATIONS. HACKENSACK MERIDIAN HEALTH, INC. COORDINATES AND SETS THE STRATEGIC PLANS AND GOALS AND FURTHERS THE CHARITABLE PURPOSES AND MISSION OF ALL OF ITS SUPPORTED ORGANIZATIONS THROUGH COMMITTEES OF ITS GOVERNING BODY THAT FUNCTION AS COMMITTEES OF HACKENSACK MERIDIAN HEALTH; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY NETWORK OF WHICH HACKENSACK MERIDIAN HEALTH, INC. IS THE TAX-EXEMPT PARENT. ADDITIONALLY, THE ORGANIZATION'S GOVERNANCE STRUCTURE, THROUGH ITS BOARD COMMITTEES, PROVIDES DIRECTION AND OVERSIGHT AS IT RELATES TO STRATEGIC PLANNING, BOARD GOVERNANCE, FINANCE COMPLIANCE AND AUDIT.
SCHEDULE A, PART IV, SECTION E, QUESTION 5UNDER THE AUTHORITY OF THE BOARD OF TRUSTEES THROUGH AN AMENDED CERTIFICATE OF INCORPOARTION, DUE TO MERGER ACTIVITY, THE FOLLOWING ORGANIZATIONS WERE REMOVED AS SUPPORTING ORGANIZATIONS: PALISADES MEDICAL CENTER, INC. (EIN: 22-487278) RARITAN BAY MEDICAL CENTER (EIN: 22-1494442) PALISADES GENERAL CARE, INC. (EIN: 22-2587492) MERIDIAN HOSPITALS CORPORATION (EIN: 22-3471515) HACKENSACK MERIDIAN NURSING AND REHABILITATION, INC. (EIN: 52-1772578) UNDER THE AUTHORITY OF THE BOARD OF TRUSTEES THROUGH AN AMENDED CERTIFICATE OF INCORPOARTION, DUE TO MERGER ACTIVITY, THE FOLLOWING ORGANIZATIONS WERE ADDED AS SUPPORTED ORGANIZATIONS: HMH HOSPITALS CORPORATION (EIN: 22-1487576) JFK HEALTH SYSTEM, INC. (EIN: 22-2421432) THE COMMUNITY HOSPITAL GROUP, INC. (EIN: 22-6019101) JOHN F KENNEDY MEDICAL CENTER FOUNDATION, INC. (EIN: 22-2315044) MUHLENBERG FOUNDATION, INC. (EIN: 51-0212678) MUHLENBERG REGIONAL MEDICAL CENTER, INC. (EIN: 22-1487258) HARTWYCK AT OAK TREE, INC. (EIN: 22-2666023) HARTWYCK WEST NURSING HOME, INC. (EIN: 22-1802017) HARTWYCK AT JFK, INC. (EIN: 20-4144804) JFK ASSISTED LIVING, INC. (EIN: 22-3715324) ROBERT WOOD JOHNSON, JR., LIFESTYLE INSTITUTE, INC. (EIN: 22-2421433)

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$85,700OtherCostOrOtherBasisAmt
Book Value$85,700BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$752,750OtherCostOrOtherBasisAmt
Depreciation$708,000DepreciationAmt
Book Value$44,750BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,299,121OtherCostOrOtherBasisAmt
Depreciation$1,283,289DepreciationAmt
Book Value$15,832BookValueAmt
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildingsGrp
Total Book Value Land Buildings$146,282TotalBookValueLandBuildingsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
TAXABLE BOND LIABILITY$595,069,463
DUE TO THIRD PARTY$197,326,924
FieldValueIRS element (for citing)
Total Liability$837,442,522TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PART XFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS THE TAX-EXEMPT PARENT ORGANIZATION OF HACKENSACK MERIDIAN HEALTH; A TAX-EXEMPT INTEGRATED HEALTH CARE DELIVERY NETWORK. PRICEWATERHOUSE COOPERS, L.L.P. AUDITED THE CONSOLIDATED FINANCIAL STATEMENTS OF HACKENSACK MERIDIAN HEALTH, INC. FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017. THE FOLLOWING DISCLOSURE IS INCLUDED IN THE ORGANIZATION'S INCOME TAX FOOTNOTE INCLUDED IN THE SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES FOOTNOTE OF THE 2018 AUDITED CONSOLIDATED FINANCIAL STATEMENTS THAT REPORTS THE ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740): ALL OF THE NOT-FOR-PROFIT ENTITIES INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS ARE CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE") AND ARE EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THESE ENTITIES, EXCEPT FOR THE PHYSICIAN PRACTICES, ARE ALSO EXEMPT FROM STATE INCOME TAXES. PER THE REQUIREMENT TO ASSESS FOR TAX UNCERTAINTY, MANAGEMENT HAS DETERMINED THAT IT DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRED TO BE ACCRUED OR REPORTED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
John K Lloyd FACHE
CO-CEO/Trustee$0$1,806,517$0$1,270,840$0$452,974$0$915,007$0$33,472$0$4,478,810$0$0
Robert C Garrett FACHE
Co-CEO/Trustee$0$1,807,468$0$1,270,840$0$1,263,890$0$840,406$0$25,892$0$5,208,496$0$0
Robert L Glenning
Pres, Fin & IT Svcs Div, CFO$0$1,148,163$0$568,200$0$502,839$0$454,412$0$35,788$0$2,709,402$0$0
Andrew L Pecora MD
Pres, Phys. Svcs Div, CIO$0$1,196,916$0$580,300$0$383,879$0$409,307$0$4,865$0$2,575,267$0$20,572
Catherine Ainora
EVP, Chief Integration Officer$0$664,980$0$290,000$0$493,617$0$113,864$0$11,845$0$1,574,306$0$0
Audrey C Murphy Esq MSN RN
EVP, Chf Legal Officer, Oper$0$690,377$0$311,400$0$423,507$0$437,085$0$35,294$0$1,897,663$0$80,246
Patrick Young
Pres, Population Health$0$827,050$0$519,900$0$36,556$0$394,120$0$30,980$0$1,808,606$0$0
Nancy Corcoran-Davidoff
EVP, Chief Experience & HR Off$0$618,323$0$220,300$0$479,091$0$477,917$0$19,587$0$1,815,218$0$92,494
James Blazar
EVP, Chief Strategy Officer$0$757,495$0$325,600$0$174,483$0$129,074$0$27,561$0$1,414,213$0$0
Ann B Gavzy Esq
EVP, Chief Legal Off, T&C Svcs$0$693,461$0$337,200$0$309,122$0$289,566$0$7,068$0$1,636,417$0$0
STEVEN G LITTLESON
PRESIDENT, MHC (TERMED 1/2018)$0$133,157$0$464,000$0$876,475$0$33,275$0$7,596$0$1,514,503$0$0
SHERRIE STRING
Former EVP, Chief HR Officer$0$0$0$0$0$706,880$0$0$0$3,021$0$709,901$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PART I; QUESTION 3PLEASE REFER TO OUR RESPONSE TO CORE FORM, PART VI, QUESTIONS 15A & 15B INCLUDED IN SCHEDULE O.
SCHEDULE J, PART I; QUESTION 4ATHE FOLLOWING INDIVIDUAL RECEIVED SEVERANCE PAYMENTS DURING THE YEAR ENDED DECEMBER 31, 2018. THE FOLLOWING AMOUNT WAS INCLUDED IN THE INDIVIDUAL'S 2018 W-2 AND IN COLUMN (B) OF SCHEDULE J: SHERRIE STRING, $706,880
SCHEDULE J, PART I; QUESTION 4BTHE AMOUNT REFLECTED IN COLUMN B(III) FOR THE FOLLOWING INDIVIDUALS INCLUDES PARTICIPATION IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") AS THE AMOUNTS WERE NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. THE AMOUNTS OUTLINED HEREIN WERE INCLUDED IN EACH INDIVIDUAL'S 2018 FORM W-2 AS TAXABLE WAGES: JOHN K. LLOYD, FACHE, $379,299; ROBERT C. GARRETT, FACHE, $644,808; ROBERT L. GLENNING, $324,100; ANDREW L. PECORA, M.D., $143,130; CATHERINE AINORA, $105,025; AUDREY C. MURPHY, ESQ., MSN, RN, $301,841; NANCY CORCORAN-DAVIDOFF, $361,253; JAMES BLAZAR, $120,340; AND ANN B. GAVZY, ESQ., $272,700. THE DEFERRED COMPENSATION AMOUNTS REFLECTED IN COLUMN (C) FOR THE FOLLOWING INDIVIDUALS INCLUDE BENEFITS IN AN INTERNAL REVENUE CODE SECTION 457(F) PLAN (NON-QUALIFIED DEFERRED COMPENSATION PLAN). THESE AMOUNTS ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. THESE INDIVIDUALS WILL NOT EARN THE RIGHT TO RECEIVE THE DEFERRED COMPENSATION AMOUNTS UNLESS AND UNTIL THEY PROVIDE SUBSTANTIAL FUTURE SERVICES TO THE ORGANIZATION. WHEN THE FUTURE SERVICES REQUIREMENT IS MET, THE AMOUNTS WILL BECOME VESTED, WILL BE TAXED, WILL BE INCLUDED ON THE W-2, AND WILL BE REPORTED AGAIN ON THIS SCHEDULE. JOHN K. LLOYD, FACHE, ROBERT C. GARRETT, FACHE, ANDREW L. PECORA, M.D., AUDREY C. MURPHY. ESQ., MSN, RN, PATRICK YOUNG, NANCY CORCORAN-DAVIDOFF, AND ANN B. GAVZY, ESQ.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
A22198708464579E7X82003-02-20$60,000,000CONSTRUCT & EQUIP FACILITYfalsefalsefalse
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
B22198708464579FDA82004-06-24$14,725,000CONSTRUCT & EQUIP FACILITYfalsefalsefalse
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
C22198708464579FHG12006-05-18$18,390,000REFUND PRE-2003 BONDSfalsefalsefalse
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
D22198708464579FJQ72006-11-22$5,100,000CONSTRUCT & EQUIP FACILITYfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$0$0$61,213,687$0$0$0$436,450$560,326$0$60,216,911$0$02004falsefalseYes (true)Yes (true)
B$4,865,000$0$16,032,128$0$0$0$205,792$62,695$0$15,763,641$0$02007falsefalseYes (true)Yes (true)
C$3,765,000$0$18,390,000$0$0$0$365,791$65,353$0$0$17,958,856$02006Yes (true)falseYes (true)Yes (true)
D$1,600,000$0$5,207,649$0$0$0$56,802$21,731$0$5,129,116$0$02007falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalseYes (true)Yes (true)Yes (true)falseYes (true)0.000400.00040falsefalsefalseYes (true)
Bfalsefalsefalsefalse0falsefalsefalseYes (true)
C0
Dfalsefalsefalsefalse0falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedInd
0
AYes (true)Yes (true)falseYes (true)TRANSAMERICA OCCIDEN1.4Yes (true)falseYes (true)
0
BYes (true)Yes (true)falsefalse0falseYes (true)
WACHOVIA
CYes (true)Yes (true)Yes (true)false0falseYes (true)12.falsefalse
0
DYes (true)Yes (true)falsefalse0Yes (true)Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART I, COLUMN (E)FOR THE BONDS ISSUED ON 2/20/2003, 6/24/2004, 11/22/2006, 12/21/2011, 5/8/2013 AND 4/20/2017 THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS IS DUE TO INVESTMENT EARNINGS.
SCHEDULE K, PART I, COLUMN (F)PROCEEDS FOR THE BOND ISSUED ON 5/18/2006 WERE USED TO REFUND THE FOLLOWING NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHORITY REVENUE BOND ISSUE: - SOUTHERN OCEAN COUNTY HOSPITAL ISSUE, SERIES 2006A, DATED MAY 1, 1993 PROCEEDS FOR THE BOND ISSUED ON 12/21/2011 WERE USED TO REFUND THE FOLLOWING NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHORITY REVENUE BOND ISSUES: - SOUTHERN OCEAN COUNTY HOSPITAL ISSUE, SERIES 1997, DATED NOVEMBER 15, 1997 - MERIDIAN HEALTH SYSTEM OBLIGATED GROUP ISSUE, SERIES 1999, DATED JULY 1, 1999 - SOUTHERN OCEAN COUNTY HOSPITAL ISSUE, SERIES 2001, DATED JULY 1, 2001 PROCEEDS FOR THE BOND ISSUED ON 5/1/2013 WERE USED TO REFUND THE FOLLOWING NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHORITY REVENUE BOND ISSUE: - BAYSHORE COMMUNITY HOSPITAL ISSUE, SERIES 2002, DATED JANUARY 15, 2002 PROCEEDS FOR THE BOND ISSUED ON 3/16/2016 WERE USED TO REFUND THE FOLLOWING NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHORITY REVENUE BOND ISSUES: - MERIDIAN HEALTH SYSTEM OBLIGATED GROUP ISSUE, SERIES 2012A, DATED OCTOBER 2, 2012 - MERIDIAN HEALTH SYSTEM OBLIGATED GROUP ISSUE, SERIES 2012B, DATED OCTOBER 2, 2012 - MERIDIAN HEALTH SYSTEM OBLIGATED GROUP ISSUE, SERIES 2012C, DATED OCTOBER 2, 2012 PROCEEDS FOR THE BOND ISSUED ON 4/20/2017 WERE USED TO REFUND THE FOLLOWING NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHORITY REVENUE BOND ISSUES: - MERIDIAN HEALTH SYSTEM OBLIGATED GROUP ISSUE, SERIES 2007, DATED DECEMBER 13, 2007 - HACKENSACK UNIVERSITY MEDICAL CENTER ISSUE, SERIES 2008, DATED APRIL 10, 2008 - HACKENSACK UNIVERSITY MEDICAL CENTER ISSUE, SERIES 2010, DATED AUGUST 26, 2010 - HACKENSACK UNIVERISTY MEDICAL CENTER ISSUE, SERIES 2010B, DATED OCTOBER 26, 2010 - PALISADES MEDICAL CENTER OBLIGATED GROUP ISSUE, SERIES 2013, DATED JULY 2, 2013
SCHEDULE K, PART IIITHE BONDS ISSUED ON 5/18/2006, 12/21/2011, AND 5/8/2013 REFUNDED PRE-2003 BONDS THEREFORE, PART III FOR THESE BOND ISSUES IS NOT APPLICABLE. SCHEDULE K, PART IV, LINE 2C THE COMPUTATION FOR THE BOND ISSUED ON 12/21/2011 WAS COMPUTED ON DECEMBER 13, 2016.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
A22198708464579FW252011-12-21$215,633,457REFUND PRE-2003 BONDSfalsefalsefalse
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
B22198708464579F3H42013-05-08$33,451,469REFUND PRE-2003 BONDSfalsefalsefalse
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
C2219870840000000002015-11-02$130,000,000CONSTRUCT & EQUIP FACILITYfalsefalsefalse
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
D2219870840000000002016-03-16$129,602,500REFUND EXISTING BONDSfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$86,325,000$0$215,645,153$0$0$0$1,402,562$0$0$0$214,242,591$02011Yes (true)falseYes (true)Yes (true)
B$6,660,000$0$33,452,081$0$0$0$435,471$0$0$0$33,016,610$02013Yes (true)falseYes (true)Yes (true)
C$13,361,333$0$130,000,000$0$0$0$0$0$0$130,000,000$0$02015falsefalseYes (true)Yes (true)
D$3,737,500$0$129,602,500$0$0$0$0$0$0$0$129,602,500$02016Yes (true)falseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdPrivate Bus Use By OthersPrivateBusUseByOthersPctOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0
B0
C0falseYes (true)Yes (true)Yes (true)falsefalsefalsefalseYes (true)
D0falsefalsefalsefalsefalsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)
0
BfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)
0
CfalseYes (true)falsefalseYes (true)falsefalse0falseYes (true)
0
DfalseYes (true)falsefalseYes (true)falsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
A2219870840000000002015-08-12$84,000,000CONSTRUCT & EQUIP FACILITYfalsefalsefalse
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
B221987084645790KM72017-04-20$647,774,568REFINANCE EXISTING BONDS, CONSTRUCfalsefalsefalse
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
C22198708464579FJS32006-11-22$32,570,000CONST & EQUIP FACILITYfalsefalsefalse
NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTH
D2219870840000000002018-04-25$6,235,440REFUND PRE-2003 BONDSfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$8,582,312$0$84,000,000$0$0$0$325,733$0$0$0$83,674,267$02018falsefalseYes (true)Yes (true)
B$0$0$648,555,018$0$0$0$3,730,288$0$0$100,000,000$544,824,730$02018Yes (true)Yes (true)Yes (true)Yes (true)
C$9,195,000$0$33,763,970$0$2,113,793$0$488,504$78,950$0$29,603,399$1,479,325$02008falsefalseYes (true)Yes (true)
D$572,417$0$6,235,440$0$0$0$0$0$0$0$6,235,440$02018Yes (true)falseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ContractsEngageBondCounselContractsIndTotal Private Business UseTotalPrivateBusinessUsePct
Afalsefalsefalsefalse0falsefalsefalseYes (true)
BfalsefalseYes (true)false0.00170falsefalsefalseYes (true)Yes (true)0.00170
Cfalsefalsefalsefalse0falsefalsefalseYes (true)
D0

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
BfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
CYes (true)Yes (true)falsefalse0Yes (true)Yes (true)
0
DfalseYes (true)Yes (true)falsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
CORE FORM, PART VI, SECTION A; QUESTION 4The organization's certificate of incorporation and bylaws were amended effective January 1, 2018 to reflect the merger of JFK Health System into the Hackensack Meridian Health network.
CORE FORM, PART VI, SECTION B; QUESTION 11BHackensack Meridian Health, Inc. ("HMH") is the parent organization of a tax-exempt integrated healthcare delivery network. HMH's finance personnel prepared the federal Form 990. HMH retained a firm of independent certified public accountants with experience and expertise in health care and not-for-profit tax return preparation to review and file the Form 990. HMH's board of trustees designated the Audit and Compliance Committee ("ACC") to review the Form 990. The form 990 was provided to the members of the ACC for review. The Form 990 was then provided to each voting member of HMH's governing body, its board of trustees, prior to filing with the Internal Revenue Service.
CORE FORM, PART VI, SECTION B; QUESTION 12CThe organization, Hackensack Meridian Health, Inc., is the tax-exempt parent of a tax-exempt integrated healthcare delivery network ("network"). Hackensack Meridian Health, Inc. has adopted a network-wide conflict of interest policy which is applicable to all of its subsidiary organizations. The organizations regularly monitor and enforce compliance with the network's conflict of interest policy. Annually, all members of the board of trustees, officers and key employees of each organization are required to review the existing conflict of interest policy and complete a questionnaire with respect to any applicable transactions and relationships. The completed questionnaires are returned to the network's Chief Compliance Officer for review. The Chief Compliance Officer then prepares a summary of the completed questionnaires, and presents the summary to the network's governance and board development committee for its review, discussion and action (if needed). During the year, the Chief Compliance Officer, in conjunction with the general counsel, also monitors on-going transactions in light of the summary to ensure that any potential conflicts of interest are appropriately handled in compliance with the policy.
CORE FORM, PART VI, SECTION B; QUESTIONS 15A & 15BThis organization is the tax-exempt parent of a tax-exempt integrated healthcare delivery network ("network"). The Executive and Physician Compensation Committee ("Committee") of this organization is responsible for reviewing the executive compensation of the CEO and key employees (senior management) of this network. The Committee has adopted a written executive compensation philosophy, approved by the governing body, which it follows when it reviews and approves compensation and benefits. The executive compensation philosophy recognizes the size and complexity of the health care network and the critical need to have and retain executives that consistently demonstrate superior levels of performance so that the health network can fulfill its charitable mission and strategic objectives. The Committee reviews the "total compensation", including both current and deferred compensation and all employee benefits, both qualified and non-qualified, on at least an annual basis to ensure that the "total compensation" of the chief executive officer(s), other officers and each senior management key employee is reasonable. To assist with the review, the Committee engages the services of a nationally recognized independent consulting firm specializing in executive compensation for not-for-profit health care organizations, and receives national and regional market data for comparable organizations, a report summarizing such data, and an opinion letter relating to the reasonableness of each executive's total compensation and benefits. Additionally, a senior member of the consulting firm attends the committee's meetings to provide information and to respond to questions by the members of the committee. The independent committee utilizes the outside market data comparability and, based upon the executive compensation philosophy, the organization's performance, business judgment considerations, and the individual's performance, reviews and approves compensation for each individual. Guided at each meeting by outside counsel to the committee, the comprehensive review process utilized by the committee is intentionally structured to qualify for the rebuttable presumption under Section 4958 of the Internal Revenue Code of 1986: 1. The compensation arrangement is approved in advance by the Committee, which is an "authorized body" of the organization composed entirely of individuals who do not have a conflict of interest within the meaning of the IRS regulations under Section 4958; 2. The Committee obtains and relies upon "appropriate data as to comparability" (for comparable positions at similar healthcare organizations) prior to making its determination, which comparability data is provided and analyzed by the committee's independent consulting firm with expertise in the area of not-for-profit health care executive compensation; and 3. The Committee thoroughly documents its review and approval process, as well as the basis for its approvals, concurrently with making that determination, again as described in the regulations. As appropriate, the committee supplements the comparability data with other objective factors designed to ensure the reasonableness of the compensation paid, including an analysis of individual goals and objectives, organizational performance, personnel reviews, evaluations, self-evaluations, and written offers from competing organizations. The compensation arrangements approved by the Committee are reported in executive session to the full board by the co-chairs of the Committee.
CORE FORM, PART VI, SECTION C; QUESTION 19The organization's filed Certificate of Incorporation and any amendments can be obtained and reviewed through the State of New Jersey Department of the Treasury. In addition, the organization makes available to the public via its website, www.hackensackmeridianhealth.org, its code of conduct and conflict of interest policy.
CORE FORM, PART VII AND SCHEDULE JPart VII and Schedule J reflect officers and board members receiving compensation and benefits from a related organization. Please note this remuneration was for services rendered as full-time employees of the related organization and not for services rendered as an officer or voting member of this organization's Board of Trustees.
CORE FORM, PART X; LINE 20In accordance with the organization's audited financial statements, the tax-exempt bond values were reported on the books of Hackensack Meridian Health, Inc., the parent organization of this tax-exempt integrated healthcare delivery network. As such, the tax-exempt bonds are reported on Schedule K of this Form 990.
CORE FORM, PART XI; QUESTION 9Other changes in net assets or fund balance include: - HMH Program Service Revenue Reclass - 39,775,714 - Net transfer to affiliates - ($5,182,673).
FORM 990 PART IX LINE 11GDESCRIPTION:COORDINATION FEES TOTAL FEES:11502805
FORM 990 PART IX LINE 11GDESCRIPTION:CONSULTING FEES TOTAL FEES:746406
FORM 990 PART IX LINE 11GDESCRIPTION:PROFESSIONAL FEES TOTAL FEES:345500

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
MERIDIAN ACCOUNTABLE CARE ORGANIZATION
1350 CAMPUS PARKWAYNEPTUNENJ07753455440607HEALTH SVCS.NJ$409,120$3,397,474HMH
COASTAL DATA SOLUTIONS
1350 CAMPUS PARKWAYNEPTUNENJ07753452441857HEALTH ITNJ$0$168,779HMH
HACKENSACK PHYS-HOSP ALLIANCE ACO LLC
30 PROSPECT AVENUEHACKENSACKNJ07601453067377HEALTH SVCS.NJ$18,525,849$62,857,093HMH
HACKENSACK MERIDIAN HEALTH PARTNERS LLC
343 THORNALL STREETEDISONNJ08837820784282HEALTH SVCSNJ$13,818,542$16,963,413HMH

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (20 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
SHORE REHABILITATION INSTITUTE INC
425 JACK MARTIN BOULEVARDBRICKNJ08724223274755HEALTH SVCS.NJ501(C)(3)3HMHHCfalse
PALISADES MEDICAL ASSOCIATES LLC
7600 RIVER ROADNORTH BERGENNJ07047223814193HEALTH SVCS.NJ501(C)(3)10HMHHCfalse
MERIDIAN MEDICAL GROUP-RETAIL CLINIC PC
1350 CAMPUS PARKWAYNEPTUNENJ07753061755228HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
MERIDIAN MEDICAL GROUP-FACULTY PRACTICE
1350 CAMPUS PARKWAYNEPTUNENJ07753061755230HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
MERIDIAN MEDICAL ASSOCIATES PC
1350 CAMPUS PARKWAYNEPTUNENJ07753061755233HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
MERIDIAN MEDICAL GROUP-PRIMARY CARE PC
1350 CAMPUS PARKWAYNEPTUNENJ07753141981653HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
MERIDIAN MEDICAL GROUP-SPECIALTY CAREPC
1350 CAMPUS PARKWAYNEPTUNENJ07753141981647HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
MERIDIAN TRAUMA ASSOCIATES PC
1350 CAMPUS PARKWAYNEPTUNENJ07753141981651HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
MERIDIAN OBGYN ASSOCIATES PC
1350 CAMPUS PARKWAYNEPTUNENJ07753061755239HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
MERIDIAN PEDIATRIC SURGICAL ASSOC PC
1350 CAMPUS PARKWAYNEPTUNENJ07753770720131HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
SOMC MEDICAL GROUP PC
1350 CAMPUS PARKWAYNEPTUNENJ07753271412183HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
HACKENSACK SPECIALTY CARE ASSOCIATES PC
30 PROSPECT AVENUEHACKENSACKNJ07601201017013HEALTH SVCS.NJ501(C)(3)12AHMHHCfalse
HACKENSACK UNIVERSITY MEDICAL GROUP PC
30 PROSPECT AVENUEHACKENSACKNJ07601223376459HEALTH SVCS.NJ501(C)(3)12AHMHHCfalse
HUMC CARDIOVASCULAR PARTNERS PC
30 PROSPECT AVENUEHACKENSACKNJ07601270614861HEALTH SVCS.NJ501(C)(3)10HMHHCfalse
HUMC MEDICAL OBSERVATION PA
30 PROSPECT AVENUEHACKENSACKNJ07601272371424HEALTH SVCS.NJ501(C)(3)12AHMHHCfalse
MERIDIAN OCCUPATIONAL HEALTH PC
1350 CAMPUS PARKWAYNEPTUNENJ07753272377326HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
THE AUXILIARY OF HACKENSACKUMC
30 PROSPECT AVENUEHACKENSACKNJ07601221537117SUPPORT HMHHCNJ501(C)(3)12CHMHHCfalse
MERIDIAN MEDICAL GROUP-PEDIATRIC UROLOGY
1350 CAMPUS PARKWAYNEPTUNENJ07753813921186HEALTH SVCS.NJ501(C)(3)10HMHYes (true)
JFK HEALTH SYSTEMS REALTY CORPORATION
98 JAMES STREETEDISONNJ08820521703518INACTIVENJ501(C)(2)N/AJFKHSfalse
JFK MEDICAL ASSOCIATES PA
98 JAMES STREETEDISONNJ08820462219798HEALTH SVCS.NJ501(C)(3)10JFKHSfalse

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
HUMCUSPI SURGERY CENTERS LLC
30 PROSPECT AVEHACKENSACKNJ07601383875474HEALTH SVCSNJNA
OLD BRIDGE MEDICAL ASSOCIATES LLC
1 HOSPITAL PLZOLD BRIDGENJ08857222894388HEALTH SVCSNJNA
RARITAN BAY SURGICAL PARTNERS LLC
530 NEW BRUNSWICK AVEPERTH AMBOYNJ08861465153212HEALTH SVCSNJNA
COASTAL CO-OP OF NJ
1350 CAMPUS PKWYNEPTUNENJ07753223603146PURCHASINGNJNA
MERIDIAN HEALTH VILLAGE REALTY ASSOC
1350 CAMPUS PKWYNEPTUNENJ07753274328412REAL ESTATENJNA
MERIDIAN LIVING AT MANALAPAN LLC
1350 CAMPUS PKWYNEPTUNENJ07753473603026HEALTH SVCSNJNA
HACKENSACK MERIDIAN LIVING AT HOLMDEL
1350 CAMPUS PKWYNEPTUNENJ07753815095156HEALTH SVCSNJNA

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
HACKENSACK MERIDIAN HEALTH VENTURES INC
343 THORNALL STREETEDISONNJ08837222550716HEALTH SVCSNJHMHC CORP$1,503,927$10,337,6551.00000Yes (true)
PALISADES CHILD CARE CENTER INC
343 THORNALL STREETEDISONNJ08837222812623DAY CARE CENTERNJNAC CORPfalse
HACKENSACKUMC CASUALTY COMPANY LTD
FINANCIAL VEHICLENAC CORPfalseCHEVRON HOUSE 44 CHURCH STREETHAMILTONBDHM12BD
RARITAN INSURANCE LTD
FINANCIAL VEHICLENAC CORPfalse23 LIME TREE BAY AVE PO BOX 1363GRAND CAYMANCJCJ
COASTAL MEDICAL INSURANCE LTD
980166769FINANCIAL VEHICLENAC CORPfalseCHEVRON HOUSE 44 CHURCH STREETHAMILTONBDHM12BD
OAPCA INC
1140 ROUTE 72 WESTMANAHAWKINNJ08050223298974CONDO ASSOCNJNAC CORPfalse
ATLANTIC INSURANCE EXCHANGE LTD
981330735FINANCIAL VEHICLENAC CORPfalseCLARENDON HOUSE 2 CHURCH STREETHAMILTONBDHM12BD
JFK MEDICAL GROUP PC
98 JAMES STREETEDISONNJ08820223482637HEALTH SVCSNJNAC CORPfalse
JFK HEALTHSHARE INC
98 JAMES STREETEDISONNJ08820222528967HEALTH SVCSNJNAC CORPfalse
JFK AMBULATORY CARE PA
98 JAMES STREETEDISONNJ08820473018240HEALTH SVCSNJNAC CORPfalse
ALERT AMBULANCE SERVICE INC
1195 AIRPORT ROADLAKEWOODNJ08701221968480AMBULANCE SVCSNJHMHC CORP$20,479,892$9,826,8921.00000Yes (true)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
HACKENSACK MERIDIAN AMBULATORY VENTURES INC
R$18,093,514COST
ALERT AMBULANCE SERVICE INC
R$7,333,728COST
MUHLENBERG REGIONAL MEDICAL CENTER INC
S$2,151,055COST
HACKENSACK MERIDIAN HEALTH VENTURES INC
S$18,093,514COST

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE R, PART IIHACKENSACK MERIDIAN HEALTH, INC. IS RELATED TO SEVERAL ADDITIONAL TAX-EXEMPT ORGANIZATIONS NOT SHOWN IN PART II AS THOSE ORGANIZATIONS ARE PART OF THE GROUP EXEMPTION IN WHICH HACKENSACK MERIDIAN HEALTH, INC. IS THE CENTRAL ORGANIZATION.
SCHEDULE R, PART VTHE ORGANIZATION IS THE TAX-EXEMPT PARENT ENTITY OF HACKENSACK MERIDIAN HEALTH; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY NETWORK. HMH HOSPITALS CORPORATION ROUTINELY PAYS EXPENSES FOR VARIOUS AFFILIATES WITHIN THE NETWORK IN THE ORDINARY COURSE OF BUSINESS. THESE RELATED PARTY TRANSACTIONS ARE RECORDED ON THE REVENUE/EXPENSE AND BALANCE SHEET STATEMENTS OF THIS ORGANIZATION AND ITS AFFILIATES. THESE ENTITIES WORK TOGETHER TO DELIVER HIGH QUALITY HEALTHCARE AND WELLNESS SERVICES TO THE COMMUNITIES IN WHICH THEY ARE SITUATED.

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